AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 4 Topic 1 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 4 Topic 1 Discussion

GLO_CWM_LVL_1 Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

Rishi wants to purchase a car 5 years from now. His investments are presently worth Rs. 48,000/-. He puts them into an account today at a ROI of 10% per annum and he would be contributing Rs. 5,000/- from end of this month, every month for 5 years. What would be his accumulated savings in this account after end of 5 years?


A.

465456.12


B.

466160.18


C.

464152.92


D.

467645.78


Get Premium GLO_CWM_LVL_1 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.